Cross-sector financial disclosure (update)

A multidisciplinary working group sponsored by four financial services regulatory organisations issued a report on 26 April recommending improvements to the disclosure practices of financial intermediaries world wide.

The recommendations of the Multidisciplinary Working Group on Enhanced Disclosure (MWG) are the product of a joint venture sponsored by the Basel Committee on Banking Supervision (BCBS), the Committee on the Global Financial System of the G-10 central banks (CGFS), the International

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